Ascent Group LLC Acquires 18,884 Shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT)

Ascent Group LLC lifted its holdings in shares of iShares 20+ Year Treasury Bond ETF (NASDAQ:TLT) by 44.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 61,243 shares of the exchange traded fund’s stock after purchasing an additional 18,884 shares during the period. Ascent Group LLC’s holdings in iShares 20+ Year Treasury Bond ETF were worth $6,008,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Massmutual Trust Co. FSB ADV raised its position in iShares 20+ Year Treasury Bond ETF by 120.5% in the second quarter. Massmutual Trust Co. FSB ADV now owns 741 shares of the exchange traded fund’s stock worth $68,000 after acquiring an additional 405 shares during the period. HBW Advisory Services LLC bought a new position in iShares 20+ Year Treasury Bond ETF during the second quarter valued at $302,000. Thurston Springer Miller Herd & Titak Inc. purchased a new stake in iShares 20+ Year Treasury Bond ETF in the second quarter worth $34,000. Harbor Capital Advisors Inc. raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 261.1% in the second quarter. Harbor Capital Advisors Inc. now owns 1,993 shares of the exchange traded fund’s stock valued at $183,000 after buying an additional 1,441 shares during the period. Finally, Kingswood Wealth Advisors LLC raised its stake in shares of iShares 20+ Year Treasury Bond ETF by 511.8% in the second quarter. Kingswood Wealth Advisors LLC now owns 18,679 shares of the exchange traded fund’s stock valued at $1,714,000 after buying an additional 15,626 shares during the period. 73.32% of the stock is owned by hedge funds and other institutional investors.

iShares 20+ Year Treasury Bond ETF Stock Performance

TLT stock opened at $93.97 on Monday. The stock has a fifty day moving average of $93.44 and a 200-day moving average of $94.33. iShares 20+ Year Treasury Bond ETF has a fifty-two week low of $87.34 and a fifty-two week high of $101.64. The company has a market capitalization of $59.70 billion, a price-to-earnings ratio of -7.14 and a beta of 0.06.

iShares 20+ Year Treasury Bond ETF Increases Dividend

The firm also recently announced a monthly dividend, which was paid on Wednesday, November 6th. Shareholders of record on Friday, November 1st were given a dividend of $0.3105 per share. This represents a $3.73 dividend on an annualized basis and a yield of 3.97%. The ex-dividend date was Friday, November 1st. This is a positive change from iShares 20+ Year Treasury Bond ETF’s previous monthly dividend of $0.29.

About iShares 20+ Year Treasury Bond ETF

iShares 20+ Year Treasury Bond ETF (the Fund) is an exchange-traded fund. The Fund seeks to track the investment results of an index composed of United States Treasury bonds with remaining maturities greater than 20 years. The Fund seeks to track the investment results of the Barclays U.S. 20+ Year Treasury Bond Index (the Underlying Index), which measures the performance of public obligations of the United States Treasury that have a remaining maturity of 20 or more years.